Merchandise Buyer Resume Sample
Karlie Balistreri
777 Jordy Stream,
Los Angeles,
CA
+1 (555) 655 4147
Work Experience
DMM Online Merchandise Buyer Lead
10/2015
-
PRESENT
Los Angeles, CA
- Selects product and developments assortment for assigned product categories
- Develops rapport with key Senior Management of key strategic branded suppliers
- Manages purchase markup, markdowns, open to buy, gross margin while negotiating needed markdown support and annual rebates for area of responsibility
- Works closely with vendor partners to negotiate all facets of product purchasing: cost, retail, initial set and chase quantity, markdowns, sales plan, etc
- Conducts market trend research and business analysis regarding relevant to area of responsibility
- Travels to vendors, stores, trade shows
- Works with internal departments to support business needs: MIO, Store Ops, Marketing, Planners, etc
- Buying experience, preferably in the licensed market
- Aware of timely trends in the market place via trade shows, trade publications and competitive shopping to develop NEW, exclusive products via domestic and international sources. Maintain awareness of new sports licensed products where applicable. Purchase apparel products for entertainment shows with pin point accuracy due to short selling window and lack of reorder/reaction time
Merchandise Buyer
03/2013
-
08/2015
New York, NY
- Analyze product selling trends in all MSG venues and maximize via in stock position, improved costs based on larger buys and seek related products in the category to capitalize on the trend
- Manage inventory levels on seasonal sales plan and constantly adjust based on actual sales to ensure inventory turnover and minimal carry-over/markdown abilities
- Maintain and/or improve cost of goods sold to maximize profits by volume buys where applicable via cost negotiations
- Shop retail and other entertainment venues to ensure competitive pricing structure and for presentation/marketing ideas. At the same time, to ensure product freshness to distinguish MSG venues from other sports/entertainment retail products
- Analyze and be aware of the various demographic issues affecting each MSG venue and create product accordingly
- Establish quality control standards in regard to replication of MSG marks, product safety standards and durability
- Create new vehicles in which to improve the penetration rate in all MSG venues within and beyond current merchandise sales outlets
- Collaborate with Merchandise team in developing the strategic plan for product category and influence cross functional team relationships
Sleepwear Merchandise Buyer Bealls
12/2007
-
02/2013
San Francisco, CA
- Analyze daily/weekly sales reports and propose product movement and rotation
- Accountable for sample budgets, ensure proper item tracking and maintain orders in an efficient manner
- Create effective working relationships across the organization to gain product feedback and market research
- Understanding of licensed product guidelines in the sports and entertainment industry
- Direct relationship with key branded suppliers to secure new product development
- Strong contract bidding and negotiation skills to achieve ideal cost structures is optimal
- Work across functional teams and building relationships is essential
- Proficiency in Microsoft Office (Strong excel capability required)
- Plan and implement financial and unit goals for areas of responsibility
Education
Towson University
2002 - 2007
Bachelor's Degree in Retail Merchandising
Professional Skills
- Exceptional interpersonal and communication skills for establishing and maintaining strong relationships with Vendors, Store Teams and Management
- Retail experience with some experience in the team retail market including website inventory buying and management
- Merchandising system experience
- Direct (ethical) Sourcing and Product Development experience having worked with Kidswear Apparel design and planning teams to bring a vision to life
- Proven success driving category growth and delivering increased profit through development and delivery of private label ranging
- Intuitive Merchandising Sense and Merchandising experience
- Proven success in negotiating good gross margins and terms
How to write Merchandise Buyer Resume
Merchandise Buyer role is responsible for research, events, travel, insurance, design, shipping, purchasing, retail, software, commercial.
To write great resume for merchandise buyer job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Merchandise Buyer Resume
The section contact information is important in your merchandise buyer resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Merchandise Buyer Resume
The section work experience is an essential part of your merchandise buyer resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous merchandise buyer responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular merchandise buyer position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Merchandise Buyer resume experience can include:
- Custodian of customer insights relevant to your category to aid in identifying and delivering product ranging that targets our core customer needs
- Monitor key competitors and marketplace regarding product selection and pricing
- Create internal and external marketing and advertising for assigned product lines
- Establish and maintain budgets including financial planning, sales, inventory, turns and margins
- Attend tradeshows and other industry events to identify new products and ideas to bring to market
- Contact suppliers regarding material problems and support resolution
Education on a Merchandise Buyer Resume
Make sure to make education a priority on your merchandise buyer resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your merchandise buyer experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Merchandise Buyer Resume
When listing skills on your merchandise buyer resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical merchandise buyer skills:
- Strong analytical, decision-making, and organizational skills
- Creative, problem-solving and risk taking skills
- Diverse Purchasing experience required
- People management experience of Junior Buyers or Buying Assistants
- Retail Company experience, preferable in the buying office
- Experience with Closeouts or other Opportunity Buys
List of Typical Skills For a Merchandise Buyer Resume
1
Skills For DMM Online Merchandise Buyer Lead Resume
- Leadership skills with enthusiasm, initiative and a passion for results
- Sales, imports and allocation experience
- Category Management and Inventory Management experience
- Evaluate effectiveness of promotional events
- Practice effective negotiation in order to maximize program potential
- Understanding category management and inventory management
2
Skills For Senior Merchandise Buyer Resume
- Maintain supplier relationships by addressing and resolving any issues with invoicing, product, and delivery
- Responsible for creating purchase orders while managing warehouse inventory and maintaining open-to-buy
- Have an understanding of retail space planning to ensure full optimization of product lifecycle
- Immediate general management responsibility of product lifecycle - including launch, promotional, rollout and/or disposition planning
- Resourcefulness to find interesting products from independent makers
- Research product and pricing and enter into negotiations with vendors
- Maintain communications with DMM regarding vendor performance and order status
3
Skills For Merchandise Buyer Bealls Department Stores Home Resume
- Manage the Critical Path Process from design to production to pricing to store, all in collaboration with designers and planners
- Assist in managing the financial plans to achieve sales, calculate income and stock turn
- Ensure all merchandise conforms to quality standards and legal requirements whilst adhering to a low cost low price model
- Develop promotional plans to ensure planned financial metrics are being met
- Profit Sharing and 401(k) Plan
- Develop business strategies, marketing/education plans and merchandise assortment to drive profitable sales
- Travel as required to vendor locations, competitors, and trade shows
4
Skills For Dress Merchandise Buyer Resume
- Identify potential sales opportunities (macro and item level)
- Meet with vendors on regular basis to review product lines and availability
- Determine your category needs and design products that maintain the integrity of our brand
- Secure and analyze quotations; negotiate prices and terms with suppliers and vendors; recommend suppliers with respect to cost, quality, and delivery
- Maintain and develop positive relations with suppliers including management of supply logistics, 3PL, and outsourced warehousing and oversee inbound and outbound shipping coordination with vendors and warehouse facilities
- Assist with SKU building on ecommerce platform as needed and advising on marketing, merchandising, copy and product photography strategy to maximize product sales
- Schedule and participate in vendor meeting both on and off-site
- Assist with various special projects
- Set-up new vendor accounts
5
Skills For Sleepwear Merchandise Buyer Bealls Resume
- Maintain vendor price files and vendor relationships
- Attend trade shows as needed throughout the year
- Perform comparative analysis of products. Evaluate sales and inventory
- Conduct annual visits at store level as needed
- Conduct product knowledge seminars with store personnel and vendors
- Search for close outs and special buys
- Work with analysts to optimize inventory mix and levels
6
Skills For Merchandise Buyer Resume
- Direct management of one or two Buyer Assistants
- In conjunction with the Business Managers, develop and deliver strategic direction, as well as tactical merchandise plans, incorporating business plans and market trends
- Manage the approved Kmart supplier relationships as well as regularly evaluate performance to ensure service level requirements are met
- Well-honed commercial skills combined with the ability to analyse customer’s needs, conduct market research and engage with our Customer Insights Team to establish effective merchandise strategies and develop on-trend ranges
- Identify current trends while keeping Mills’ customers in mind
- Build comprehensive assortments that cater to our customer needs
7
Skills For DMM Online Merchandise Buyer Lead Resume
- Select appropriate vendors based upon their ability to maintain supply, quality and value of the merchandise
- Provide recommendations to maximize sales and profitability for the specific categories that are assigned
- Continuously acquire and retain product knowledge through the research of specific items and product categories
- Team Member Discount
- Insurance: Life, Health, Vision & Dental
- Influence, negotiate and work with vendors for all of Regis Corporation
8
Skills For Senior Merchandise Buyer Resume
- Work closely with Marketing, Divisional Merchants, Planning, Merchandise Presentation, and Distribution to ensure meeting of needs and ease of execution at the salon level
- Assist Product Manager as needed
- Attention to beauty and fashion industry trends
- Eligibility requirements apply
- Paid Legal Holidays
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